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Strategies & Market Trends : Tech Stock Options
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To: Stoctrash who wrote (49635)8/10/1998 5:35:00 PM
From: donald sew  Read Replies (1) of 58727
 
Fred,

>>>>>> What you's guys think of a 1990 type senerio???...where the market just melts...then stalls for a few days ...then melts again. Now we don't have a war going on here (yet) in 1998, but someone pointed me to the July-Aug-Sept pattern that we made in '90. a/d still sucking wind and the RUT is in a RUT. <<<<<<<<<

After the last OCT dump we regained about 70% of the dump within 6 days, then retreated to a higher low - no retest.

If this is all of the immediate rebound, then that is a bad signals and a senerio as you meantion is likely. I feel that too many are looking for "V" shaped moves whether up or down. Auite possibel

seeya
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